The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27 - Manufacture of electrical equipment
500 jobs Number of planned job creations
Announcement Date
19 May 2008
Employment effect (start)
Foreseen end date
Description
Domingos Silva Teixeira, a Portuguese Company based in Braga, plans to invest EUR 17 million in the development of a new factory in Soutelo (Vila Verde) which will employ 500 people. The new factory will produce solar panels and wind power generators. In order to reduce costs, the company will also hire PhD students from China, India and USA to work on research related to renewable energy.
Sources
19 May 2008: Jornal de NotÃcias
Citation
Eurofound (2008), Domingos Silva Teixeira, Business expansion in Portugal, factsheet number 66643, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66643.
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